IFSC courts investors for aviation sector

Armed with a range of incentives for financial services investors, IFSC hopes to lure investors interested in establishing holding companies whose domestic and African interests could include aircraft leasing, maintenance, insurance, pilot and technical staff training and other services.

The IFSC already has one such company, Runway Asset Management (RAM), an aviation leasing and asset-owning company specialising in leasing aircraft to the regional aviation market and providing specialised finance solutions.  RAM leases aircraft to regional and other commercial users in Africa and the Middle East.